Out of the 17 mines which were
auctioned, nine are fully explored mines that have a cumulative peak rated
capacity (PRC) of 47.80 million tonnes per annum (MTPA).
Jindal Steel and
Power and Hindalco Industries were amongst the 22 companies that
submitted bids for the auction of commercial coal mines, the Ministry of
coal said in a statement on Wednesday, June 18.
The other companies that had bid include
Sunflag Iron and Steel, miner NLC India, the mining unit of power company
NTPC, and Nuvoco Vistas, a cement and ready-mix concrete company.
These 22
companies submitted a total of 35 bids through both online and offline bidding
under two tranches – Seventh tranche and second attempt of sixth tranche.